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Sim Lian's Q2 earnings fall 61%; KSH Holdings posts 14.6% increase in Q3 profit
Published Wed, Feb 11, 2015 · 09:50 PM
Singapore
SIM LIAN Group's net profit for the second quarter of fiscal year 2015 fell 61 per cent to S$25.5 million, from S$65.8 million in Q2FY14.
Revenue fell 56 per cent, from S$207.3 million to S$91.4 million. This was in large part due to a fall in contribution from the property development division, which contributed S$26.3 million to the group's revenue in Q2FY15, compared to S$156.9 million in the year-ago period.
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